Hamilton, MT vs Three Forks, MT
There is a significant gap in the cost of living between these two cities. Hamilton is 17.3% cheaper than Three Forks. With a cost index of 86 vs 104, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hamilton to Three Forks should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hamilton is $958/month compared to $1,263/month in Three Forks — a 24% difference. Home values follow the same pattern: Hamilton is more affordable at $299,800 median vs $382,400.
Median household income in Hamilton is $52,917 compared to $80,394 in Three Forks (-34.2%). While Three Forks is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hamilton spend roughly 21.7% of their income on rent, more than the 18.9% in Three Forks.
Climate-wise, both cities share similar average temperatures (45.2°F vs 43°F). Hamilton receives more rainfall at 14.1" per year compared to 13.4" in Three Forks.
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